Profile for Watsonia

3087

Watsonia is located 16 km north-east of the CBD. Located in the outer north-east of metropolitan Melbourne Watsonia is primarily a residential suburb. There is a small commercial area focused around the railway station. The suburb also features a number of parks such as the Gabonia Ave A.K. Line Aminya and Elder Street Reserves and the Diamond Village Shopping Centre. Like a number of suburbs in this part of Melbourne the population has decreased and aged significantly over the 1981-1996 period.

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Recent Sales & Auction Results in Watsonia

Address Price Type Method Sale Date Agent
Property List
2/8 Crellin Cr, Watsonia - Unit Auction Sale 23/03/2024 Barry Plant
5 Kenmare St, Watsonia 3 House (Res) Auction Sale 23/03/2024 Ray White Bundoora
76 Nepean St, Watsonia 3 House (Res) Passed in Vendor Bid 23/03/2024 Jellis Craig

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$885k

Metro Melbourne

$909k

Quarterly Price Change

-1.3%

Metro Melbourne

-2.2%

Median Rent

$485

Metro Melbourne

$550

Rental Yield

2.9%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 69.2% 72.5%
Days on Market 44 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $870,000 $815,000
4 Bedrooms n/a $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $540
3 Bedrooms $485 $500
4 Bedrooms n/a $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$696k

Metro Melbourne

$630k

Annual Price Change

-0.6%

Metro Melbourne

-3.8%

Median Rent

$503

Metro Melbourne

$500

Rental Yield

3.8%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 69.2% 72.5%
Days on Market 44 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $420
2 Bedrooms $425 $520
3 Bedrooms $535 $600

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